NEW DELHI: Reliance Group chairman Anil Ambani appeared before the Enforcement Directorate (ED) in New Delhi on Thursday for a second round of questioning in connection with a bank fraud-linked money laundering investigation involving his group companies.The 66-year-old businessman reached the agency’s office in central Delhi around 10.30am. Officials said his statement would be recorded under the provisions of the Prevention of Money Laundering Act (PMLA). Ambani was first questioned by the ED in August 2025.The investigation is linked to an alleged bank fraud of over Rs 40,000 crore involving Reliance Communications (RCOM), a group company of the Anil Dhirubhai Ambani Group (ADAG). Ambani and several of his companies are facing allegations related to loan fraud and financial irregularities.The ED has informed the Supreme Court that it has registered three money laundering cases against ADAG entities as part of the probe into alleged bank loan fraud and related violations. Following recent directions from the apex court, the agency has also set up a special investigation team (SIT) to examine multiple cases involving the group.On Wednesday, the ED attached Ambani’s Mumbai residence, ‘Abode’, valued at Rs 3,716 crore, under the anti-money laundering law. The property, located in Mumbai’s Pali Hill area, is a 66-metre-high structure spread across 17 floors.
